Dynamics in a environmental model with tourism taxation

Paolo Russu ()

MPRA Paper from University Library of Munich, Germany

Abstract: The purpose of this work is to analyze the dynamics of a model describing the interaction between tourists (T) and environmental resource (E) in the presence or absence of a tourist tax , used to protect the environmental resource. The model highlights how the introduction of tourist tax complicates the dynamics of the system, thus giving origin a new internal equilibrium that is a saddle point, which the stable manifold separates the basin attraction of the locally attractive internal positive point from the one equilibrium point (K; 0), which is also locally stable. Moreover, starting from a system with beta= 0, which has an unstable internal equilibrium, a suitable combination of tourist tax and defensive expenditures leads to a stabilization the protect system.

Keywords: Words–tourism economics; tourism taxation; Hopf bifurcation; environmental quality; economic modelling (search for similar items in EconPapers)
JEL-codes: C02 L83 Q5 (search for similar items in EconPapers)
Date: 2012-03-07
New Economics Papers: this item is included in nep-env, nep-res and nep-tur
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37213

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